Questions & Answers
Questions & Answers
4 available 4 • View allDelayed property projects and the right to exit the SPA
3
Q: Delay in property completion and need for cancellation and exit from SPA
Hello All,
I booked for an off-plan property in Downtown Dubai by a leading builder. The completion date was June 2018. However, the property was not completed in June of 2018.
I received a note in April 2018 citing the new completion date would be Dec 2019.
Since the completion date is well over the stipulated grace period in SPA, I had requested the builder for a friendly settlement by cancelling the SPA and refunding the money as per the default by vendor clauses in the SPA.
This has been refuted by the builder and repeatedly says that they cannot cancel the SPA and neither can they refund the money. What are the options available?

Mar 21, 2019
1860
Refund of advance deposit from developer for project delay
0
Q: I have signed SPA with a developer named [------] to purchase units in their 2 projects [------] in [------] Ajman during 2008.
The project has not been completed yet or even started after more than 10 years.
I need your advice on how I can get a refund of my amount which I paid according to latest regulations of ARRA.
The amount is almost 20% of the original price.

Mar 27, 2019
521
Terminating contract and claiming refund for project delay


4
Q: Hi,
I had purchased an off-plan property from a developer in 2017. The completion date mentioned in the contract is February 2018.
I have already paid 60% of the sale amount. The percentage completion for the project on the Dubai Land Department says 98% since the last one year.
Can I get the contract cancelled and get my money back?
Regards
O.



Jun 16, 2019
910
عدم إكمال المشتري سداد ثمن وحدة عقارية بسبب الظروف الطارئة


0
س: السلام عليكم،
اشتريت وحدة جاهزة من أحد المطورين في دبي منذ عام، وعلى مدار العام هذا دفعت ٢٠% شاملة المقدم وبعض الأقساط ومتبقي ٨٠% تُدفع على مدار ٤ أعوام.
في حال عدم استطاعتي استكمال الأقساط نظرًا لأي ظروف طارئة؛ كفقد العمل أو ترك الدولة، هل أفقد كل ما دفعت أم يمكنني المطالبة باسترداد جزء من المبلغ المدفوع؟
أيضًا هل يمكنني تحويل العقار للبنك أم لا؟
وإذا تركت الدولة، فهل سيشترط البنك بيع العقار والسداد الفوري؟
جزاكم الله خيرًا!



Apr 5, 2020
464
Laws & Regulations
3 available 3 • View allLaw No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai 1
This Law establishes interim property register in which sale contracts, off-plan sales, and other off-plan legal dispositions of real property are registered prior to inclusion in the property register maintained by Dubai Land Department.
Aug 14, 2008
4831
Law No. (9) of 2009 Amending Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai 2
The provisions of this Law supersede articles (2) and (11) of Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai.
Apr 12, 2009
3125
Executive Council Resolution No. (6) of 2010 Approving the Implementing Bylaw of Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai 3
This Resolution approves the Implementing Bylaw of Law No. (13) of 2008 Regulating the Interim Property Register in the Emirate of Dubai.
Feb 14, 2010
5126

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